Miranda & Amado steers Mivivienda issuance

Miranda & Amado was counsel to BBVA Banco Continental, which acted as arranger and placement agent. The bonds were issued on 4 April.

Fondo Mivivienda will invest the funds it has raised in new financial products created following reforms to Peru’s housing development legislation. The new financial products aim to address Peru’s housing shortage by offering new leasing options. According to the Peru’s national statistics institute, the country lacks almost two million homes.